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2009 Iowa Code
Title 12 - Business Entities
Subtitle 2 - Business and Professional Corporations and Companies
CHAPTER 490 - BUSINESS CORPORATIONS
490.852 - MANDATORY INDEMNIFICATION.

        490.852  MANDATORY INDEMNIFICATION.
         A corporation shall indemnify a director who was wholly
      successful, on the merits or otherwise, in the defense of any
      proceeding to which the director was a party because the director is
      or was a director of the corporation against reasonable expenses
      incurred by the director in connection with the proceeding.
         Section History: Recent Form
         89 Acts, ch 288, §100; 2002 Acts, ch 1154, §46, 125
         Referred to in § 490.853, 490.854, 490.856, 491.3, 491.16, 497.34,
      498.36, 499.59A, 508C.16, 524.801, 534.605, 534.607

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